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Featured local agent — Covington, LA
Sarah Mitchell
Compass Real Estate · Covington, LA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Covington, LA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$355,000median sale price
How is the Covington, LA housing market right now?
The median home sale price in Covington, LA is $355,000, up 18.6% year-over-year. Homes sell in an average of 50 days with 61 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Covington a buyer's or seller's market?
Covington, LA is currently a balanced market, based on 3.6 months of supply and homes selling in about 50 days. How we determine this →
Homes sold
17
Last 12 weeks
Days on market
50
Average pace
Active listings
61
3.6 months supply
Sale-to-list
98.0%
Below asking
What does the Covington housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $355,000 |
| Median list price | $350,000 |
| Year-over-year price change | +18.6% |
| Average days on market | 50 days |
| Active inventory | 61 listings |
| Months of supply | 3.6 months |
| Sale-to-list price ratio | 98.0% |
| Median price per sq ft | $178/sq ft |
| Homes sold (latest month) | 17 |
| New listings (latest month) | 16 |
| Listings with a price cut | 29.5% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Covington by property type?
How the Covington, LA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $355,000 | $178/sq ft | 17 | 50 days |
| Condo / Co-op | $330,000 | $310/sq ft | 1 | — |
Source: Redfin · Updated monthly
The Covington housing market is currently classified as a balanced market with a median sale price of $355,000. Prices have risen 18.6% compared to last year, with homes spending an average of 50 days on market, indicating 3.6 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.4x provides context for how home values compare to local earning capacity.
Homes for sale in Covington
There are currently 61 homes listed for sale in Covington, Louisiana. The median listing price is $350K.
Active listings
61
Homes on market
Median list price
$350K
Avg. days on market
50
Days until sale
New this week
16
Newly listed
Who lives in Covington?
Population
11,568
Median income
$73,809/yr
Median age
39.1 years
Owner-occupied
65.3%
College grads
36.7%
Avg commute
27.3 min
Source: U.S. Census Bureau ACS
What are homes worth in Covington?
Zillow home value
$326,883
Zillow rent index
$1,552/mo
Price-to-rent ratio
17.5x
Price-to-income
4.4x
Source: Zillow Research
What is it like to live in Covington?
Covington is a community of approximately 12K residents with a median age of 39.1 years.The median household income is $73,809, which represents a working-class community with solid middle-income opportunities. 36.7% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 65.3%, reflecting strong community stability and long-term resident commitment. The average commute time is 27.3 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Covington offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Covington?
8 schools tracked · 5,188 students
The largest public schools serving Covington, LA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Covington High School
Grades 9-12 · 1,690 students
Lee Road Junior High School
Grades PK-8 · 785 students
E. E. Lyon Elementary School
Grades PK-3 · 690 students
Pine View Middle School
Grades 4-6 · 681 students
Covington Elementary School
Grades PK-3 · 607 students
William Pitcher Junior High School
Grades 7-8 · 322 students
Louisiana Key Academy Northshore
Grades 1-5 · 263 students
Florida Parishes Juvenile Detention Center
Grades 3-12 · 150 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Covington, LA?
Want a head-to-head view? Compare Covington side-by-side with any other U.S. city using our market-comparison tool.
Is Covington a good real estate investment market?
For investors evaluating Covington, the price-to-rent ratio of 17.5x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 18.6% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Covington's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Covington's median home price.
Frequently asked questions
What is the average home price in Covington?
The median home sale price in Covington is $355,000, up 18.6% from last year.
How long do homes stay on market in Covington?
Homes typically spend 50 days on market before going under contract.
What is the median income in Covington?
The median household income is $73,809 per year.
Is Covington a buyer's or seller's market?
With 3.6 months of supply, Covington is currently a balanced market.
What is the Zillow home value estimate for Covington?
The Zillow Home Value Index (ZHVI) for Covington is $326,883, representing the typical home value in the area.
What is the median condo price in Covington?
The median condo/co-op sale price in Covington, LA is $330,000, compared to $355,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Covington?
The median single-family home price in Covington, LA is $355,000 (about $178 per square foot).
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